U.S. Markets open in 2 hrs 42 mins
  • S&P Futures

    4,162.00
    -13.75 (-0.33%)
     
  • Dow Futures

    34,111.00
    -95.00 (-0.28%)
     
  • Nasdaq Futures

    12,750.50
    -26.25 (-0.21%)
     
  • Russell 2000 Futures

    1,967.60
    -11.70 (-0.59%)
     
  • Crude Oil

    77.90
    +0.76 (+0.99%)
     
  • Gold

    1,895.00
    +10.20 (+0.54%)
     
  • Silver

    22.49
    +0.31 (+1.41%)
     
  • EUR/USD

    1.0743
    +0.0013 (+0.1182%)
     
  • 10-Yr Bond

    3.6740
    0.0000 (0.00%)
     
  • Vix

    18.80
    -0.63 (-3.24%)
     
  • GBP/USD

    1.2099
    +0.0047 (+0.3872%)
     
  • USD/JPY

    130.7360
    -0.3360 (-0.2564%)
     
  • BTC-USD

    23,164.49
    +172.69 (+0.75%)
     
  • CMC Crypto 200

    534.77
    +8.82 (+1.68%)
     
  • FTSE 100

    7,922.82
    +58.11 (+0.74%)
     
  • Nikkei 225

    27,606.46
    -79.01 (-0.29%)
     

XP Reports Third Quarter 2022 Earnings

XP (NASDAQ:XP) Third Quarter 2022 Results

Key Financial Results

  • Revenue: R$3.49b (up 12% from 3Q 2021).

  • Net income: R$1.03b (up 10% from 3Q 2021).

  • Profit margin: 30% (in line with 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

XP Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's shares are up 2.3% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on XP's balance sheet.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here